‘Smart Data,’ Regulation Drive Buy-Side Content Needs, But Cost Is Main Concern

Joanne Faulkner reports on how financial firms expect to increase their consumption and use of market data while managing increasingly complex data, to meet regulatory demands and deliver a new edge.

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Smart data is having a transformational impact in areas where the “speed game” has reached its limits in terms of low latency either becoming too expensive or commoditized, said speakers on one panel. “We’ve played that out…. That next generation of alpha and risk management is going to come from our data infrastructures and the vast variety of what that means,” said John Lowrey, global head of cash electronic execution at Citi.

But finding that next generation of alpha internally brings its ow